Saturday, November 9, 2013

Any job is a good job for the headlines. While one part of the BLS survey showed that US payrolls increased by 200,000 last month, another survey finds that nearly 1,000,000 Americans dropped out of the labor force. That is right, a stunning 932,000 Americans simply dropped out of the labor force last month bringing our labor force participation rate to a new 35 year low. More importantly, a large part of those200,000 added jobs were in the form of low wage retail and food sector jobs. For the headlines anything is good news and the stock market continues to rally (even though most Americans don’t even own stocks because they are too broke once all bills are paid). The drop in the labor force participation rate was not unforeseen but the current rate of growth is very troubling. Of course, the Fed now “hints” at tapering but the evidence shows that the Fed is in soft default mode. We have a boom in the non-labor force segment of our economy.

Those not in the labor force

A whopping 91.5 million Americans are not in the labor force (close to one-third of the country):

Source: BLS

The big drop from last month of 932,000 is the largest one month drop ever recorded. This new data plunged the employment population ratio down to a new 35 year low:

Source: BLS

Of course, the media is merely focused on the 200,000 jobs that were added. What about the nearly 1,000,000 drop in the labor force participation rate? Will these people maintain their consumption power without work? It is unlikely they are independently wealthy given retirement figures. To the contrary, these are broke households. This all fits in line with a record number of Americans on means-tested programs like food stamps and disability.

Low wage jobs

The US is disproportionately adding low wage jobs. Even in the latest report, 1 out of 4 jobs were added in the very low wage (and temporary) retail and food sectors. This is why the top occupations in the US do not pay what you think:

Out of our top jobs only one has a decent salary. Even 50 years ago, top jobs were in blue collar work that actually paid a living wage. Today, the jobs are coming from cashiers at Wal-Mart or food workers at Burger King. Not exactly enough to send your kids to the expensive world of college. Yet to escape this fate, many young Americans roll the dice withmaximum levels of student debt to give themselves a fighting chance for a job.

Also, we need to add at least 200,000 jobs per month merely to keep up with population growth. If anything is happening, we are simply treading water but the problem on those dropping out of the labor force is that our costs are accelerating at a growing speed. The burden of retiring baby boomers and other programs is largely falling on a young and poorer work force. It isn’t all too clear whether this strategy will work.

Unfortunately the media is catering to this massive run in the stock market while the economy is actually not as hot as it appears. For the next couple of months it is important to examine what jobs are being added given the very seasonal holiday season. Early 2014 will shed some light on where things truly are.

The rate of those marginally attached to the labor force U6, the broadest measure of employment also increased last month:

This report wasn’t as strong as it is being made out to be especially when you have close to 1 million Americans dropping out of the labor force.

Is Obama betraying the Land of Beauty? Mark Matheny discusses recent developments taking place in Israel, and also how Obama is again reverting to Executive Orders as I said he would back in 2010 and 2011 in my past shows.....

As local police departments cut personnel due to excessive spending and budgetary restrictions, cities all across America are rapidly degenerating into gang infested war zones.

In the city of Chicago, which has been one of the hardest hit during the opening stages of a greater depression sweeping the country, law enforcement officials compared the situation on the ground to the kind of tribal warfare one might see in places like Iraq. With law and order breaking down, residents of the city have been caught in the middle. The crime wave has gotten so bad, in fact, that earlier this year the Chicago PD announced a new response plan, or rather, a NON-response plan, wherein police will not even show up at crime scenes unless someone has been critically injured or the perpetrator is still on the scene.

This, of course, has been a boon for criminals looking to take advantage of the situation. And earlier this week they did just that.

Unbelievable surveillance video captured flash mobs dashing into store after store and running out with armloads and sometimes entire racks of sporting goods.

…

It’s like a next-generation flash mob. Originally, flash mob referred to a group of people doing a performance to draw attention to something in a positive way. The term gave way to a more sinister motive.

“They used to just be fun. They used to just be positive and now, I don’t know, it seems to have turned into something negative,” said one shopper.

No one was hurt in the three incidents, though it’s clear the mob stops for no one.

This is the state of affairs in the U.S., and the organized crime waves are spreading.

Residents in suburbs of Oakland and Houston have been forced to hire private security teams to help maintain law and order in their neighborhoods, while millions of Americans across the country are arming up in those jurisdictions that allow firearms ownership.

Chicago, it seems, is an example of what happens when law and order breaks down and residents have no way of protecting themselves because of restrictive gun laws.

A look at the surveillance footage above shows how indiscriminately a large mob of individuals behaves. As Tess Pennington notes in her preparedness series on Flash Mobs, if you ever encounter a flash mob threat, remember who you are dealing with:

For the most part the participants of these mobs are urban delinquents whose only goal is to steal and cause violence.

The recent events in Chicago involve teens and young adults looking to steal apparel.

What happens when these groups finally realize they can get a lot more than that?

It’s only a matter of time before the contagion spreads to more serious criminal elements that will target individuals directly in the form of flash mob robberies in places like subway cars, banks, or jewelry stores. And as their efforts go unchecked by police, they will likely increase in scope and violence.

In 2011, a large flash mob targeted patrons of the Wisconsin State Fair. Witnesses report that the racially motivated mob involving hundreds of individuals was, “attacking everybody for no reason whatsoever.” Most of the victims were white.

We’ve already seen how quickly these mobs works and how violent they can be. Once it starts it can’t be stopped.

Now imagine what it will look like when these people can no longer afford to purchase basic essentials like food.

Nine generals and flag officers have been relieved of duty under Obama just this year — widely viewed as an extraordinary number — and several sources put the total number of senior officers purged during the five years of the Obama administration as close to 200.

Activist PostNovember 9, 2013A story of Obamacare, Fabian Socialism, 1984 and the incremental hijacking of our lives.The Affordable Care Act, a.k.a. Obamacare, may be a functional nightmare, PR blunder and a deeply divisive issue, but it represents a momentous power grab for the rise of Socialism in America – which though once a haunting specter, has gradually become a reality.

Individuals in the United States have less power over their own lives than ever before – as millions of Americans are losing their coverage, and all who refuse to join the system face mounting fines and penalties. Senator Harry Reid, for one, admitted that the current health care law was moving the country towards a single payer system managed by the federal government.

The attempt to fully nationalize health care has been rightly criticized as a “Fabian” move on the part of President Obama and his cohorts. The term evokes Fabian Socialism, the influential group behind the British Labour Party and the London School of Economics who wielded the power of some the 20th Century’s most famous authors to sell not only a socialist-collectivist system, but one run on behalf of the oligarchical elite and managed by technological experts.Read the entire article

(Reuters) - China's annual inflation climbed to an eight-month high of 3.2 percent in October as food costs soared, fanning market worries about policy tightening as factory output and investment data pointed to signs of stabilization in the economy.

Inflation, which quickened slightly from 3.1 percent in September, was still lower than a median forecast of 3.3 percent in a Reuters poll and was below the official target of 3.5 percent for 2013.

"Although the CPI inflation was mainly pushed up by seasonal food demand, it may fuel market concerns that the central bank may tighten monetary conditions," said Li Huiyong, an economist at Shenyin & Wanguo Securities in Shanghai.

The People's Bank of China refused to inject liquidity into the money markets during regular open market operations on Thursday, triggering worries it would start a new round of tightening in the next few months, traders said.

Data on Friday showed exports rebounded by more than expected in October, adding to signs the economy has found its footing as Beijing prepares its reform agenda for the next decade.

But few analysts believe the central bank will rush to tighten policy amid the lingering global uncertainties.

Friday, November 8, 2013

Long before a nuclear deal was in reach, the U.S. was quietly lifting some of the financial pressure on Iran, a Daily Beast investigation reveals. How the sanctions were softened.

The Obama administration began softening sanctions on Iran after the election of Iran’s new president in June, months before the current round of nuclear talks in Geneva or the historic phone call between the two leaders in September.

Rouzbeh Jadidoleslam/AP

While those negotiations now appear on the verge of a breakthrough the key condition for Iran—relief from crippling sanctions—began quietly and modestly five months ago.

A review of Treasury Department notices reveals that the U.S. government has all but stopped the financial blacklisting of entities and people that help Iran evade international sanctions since the election of its president, Hassan Rouhani, in June.

On Wednesday Obama said in an interview with NBC News the negotiations in Geneva “are not about easing sanctions.” “The negotiations taking place are about how Iran begins to meet its international obligations and provide assurances not just to us but to the entire world,” the president said.

But it has also long been Obama’s strategy to squeeze Iran’s economy until Iran would be willing to trade relief from sanctions for abandoning key elements of its nuclear program.

One way Obama has pressured Iran is through isolating the country’s banks from the global financial sector, the networks that make modern international commerce possible. This in turn has led Iran to seek out front companies and cutouts to conduct routine international business, such as selling its crude oil.

In this cat and mouse game, the Treasury Department in recent years has routinely designated new entities as violators of sanctions, forcing Iran to adjust in turn. In the six weeks prior to the Iranian elections in June, the Treasury Department issued seven notices of designations of sanctions violators that included more than 100 new people, companies, aircraft, and sea vessels.

Since June 14, however, when Rouhani was elected, the Treasury Department has only issued two designation notices that have identified six people and four companies as violating the Iran sanctions.

GENEVA (Reuters) - U.S. Secretary of State John Kerry said on Friday important gaps needed to be bridged in high-stakes talks with Iran on curbing its nuclear program and he began talks with Tehran's foreign minister to try to clinch an interim deal.

"I want to emphasize there is not an agreement at this point," Kerry said shortly after arriving in Geneva, tempering expectations of an imminent breakthrough that could reduce the risk of a Middle East war over Iran's nuclear aspirations.

"We hope to try to narrow these differences but I don't think anybody should mistake there are some important gaps that have to be closed," he told reporters.

Iran spelled out a major difference soon afterwards, with a member of its negotiating team, Majid Takt-Ravanchi, telling Mehr news agency that oil and banking sanctions imposed on Tehran should be eased during the first phase of any deal.

The powers have offered Iran access to up to $50 billion in Iranian funds frozen abroad for many years but ruled out any broad dilution of sanctions in the early going of an agreement.

Midway through the second round of negotiations since Iran elected a moderate president who opened doors to a peaceful solution to the nuclear dispute, Kerry joined fellow big power foreign ministers in Geneva to help cement a preliminary accord, with Israel warning they were making an epic mistake.

Diplomats said a breakthrough remained uncertain and would in any case mark only the first step in a long, complex process towards a permanent resolution of international concerns that Iran may be seeking the means to build nuclear bombs.

But they said the arrival of Kerry, British Foreign Secretary William Hague and French and German foreign ministers Laurent Fabius and Guido Westerwelle signaled that the five permanent U.N. Security Council members and Germany may be closer to an elusive pact with Iran than ever before.

Russian Foreign Minister Sergei Lavrov will join the talks on Saturday, diplomats said, signaling the November 7-8 timetable for the talks will be extended into a third day.

Lavrov's deputy was quoted by state-run RIA news agency as saying the sides were loath to leave Geneva "without a positive result (since to do so) would be a serious strategic mistake".

A very unusual statement from the Israel prime minister on the eve of a possible nuclear detail between the U.S. and Iran:

"I met Secretary Kerry right before he leaves to Geneva," said Netanyhau. "I reminded him that he said that no deal is better than a bad deal. That the deal that is being discussed in Geneva right now is a bad deal. It’s a very bad deal. Iran is not required to take apart even one centrifuge. But the international community is relieving sanctions on Iran for the first time after many years. Iran gets everything that it wanted at this stage and it pays nothing. And this is when Iran is under severe pressure. I urge Secretary Kerry not to rush to sign, to wait, to reconsider, to get a good deal. But this is a bad deal--a very, very bad deal. It’s the deal of a century for Iran; it’s a very dangerous and bad deal for peace and the international community."

(1) Partially Increased Nuclear Transparency: somewhat increased inspection and monitoring of Iranian nuclear material, equipment, and facilities by the International Atomic Energy Agency (IAEA), but less than enhanced measures authorized by the so-called “Additional Protocol” agreement that Iran has refused so far to ratify.

(2) Freeze on Medium Enriched Uranium: a freeze on Iran’s production of uranium enriched to 20-percent (sometimes called “medium enriched uranium” or MEU), and conversion of Iran’s stockpile of 20-percent MEU into harder-to-enrich reactor fuel plates.

(3) Numerical Limits on Centrifuges to Enrich Uranium: limits on the number of Iran’s actively-enriching first-generation centrifuges, and a delay on the use of Iran’s installed and more advanced second-generation centrifuges.

(4) Delayed Start-Up of the Plutonium-Producing Heavy Water Reactor: deferral on starting up and operating Arak, a heavy water reactor capable of producing spent nuclear fuel containing plutonium that is very well-suited for use in a nuclear weapon.

Wednesday, November 6, 2013

Under the radar from the prying eyes of the public, South Carolina made it legal to get rid of their homeless problem. The people were given a choice, FEMA Camps or jail. The irony of it all was this happened right at the 50th Anniversary of Civil Liberties in August. The bad part is different cities from Boston to New York are shipping off their homeless, and no one cares. Is this coming to a town near you?

In August the city of Colombia, South Carolina, had a problem. A festival honoring the 50th Anniversary of the Civil Rights Movement was coming to town. They couldn’t be seen with all the homeless when guests arrived from all parts of the United States. So the city council held a vote and made homelessness a crime.

he Columbia City Council unanimously approved the plan, creating special police patrols that would enforce “quality of life” laws involving loitering, public urination and other crimes not necessarily restricted to the homeless population. Those officers would then offer the homeless a choice: Go to jail for their homelessness or be shuffled to a 240-bed, 24-hour shelter on the outskirts of town, which they wouldn’t be allowed to easily leave.

That second option isn’t jail, mind you, because the homeless are being confined with the help of a local charitable organization. It’s charitable incarceration, you see. The homeless can leave, but they need to set up an appointment and be shuttled by a van.”~Microsoft Media Net Money

Despite some news from the Main Stream Media, and Glenn Beck, it looks like the city went out of their way to begin staffing the 240 bed, 24 hour, razor wire topped FEMA camp that was supposed to be used in case of a disaster according to FEMA. Remember, these areas do not exist according to the news media. However the FEMA site has the plans and the implementations of them. FEMA has even built them for cities such as Galeston, Houston, New York, Boston, New Orleans, and even Colombia. Strange for areas that don’t exist.

South Carolina went through with the plans and they even caught the attention of the ACLU. In order for the homeless to “qualify” for the “temporary shelter” they would have to be one of the first 240 homeless to apply and wouldn’t be able to leave except by shuttle. They even went out of their way to remove some of the benches around the town so the homeless didn’t get comfortable and a hot line to call if you spotted homeless people for the residents.

But this is not the only area making it a crime for being homeless. It turns out that since 2011, the city of Boston is moving its homeless out of the city into what they call HOME Base near Salem away from the city. People in Southern California were getting concerned from homeless disappearing off the streets.

Most of the homeless in places like Sacramento are taken and driven out of town in tent cities of their own. They have made it a crime to be homeless and round them up and move them there. They are guarded and people have hotlines to call if they spot a homeless person. They ship them out and place them in these camps. They are not permitted to leave and they are not permitted to wander the streets of the bigger cities without a permit. If that is not a determent camp, I don’t know what is.

They are moving to make it a crime to be homeless in Miami as well. Where are they putting the people from these “round ups”?

The city of Columbia was quick to recant their law at the end of September, but there are several other cities and states that still have not. There are several individuals that have warned over the years to people that this would happen. If we do not find humanity in our hearts when does the the madness stop.

This is almost like the 1940′s rounding up of the undesirables happening right before our very eyes. The only thing different is that this is the United States and not Germany.

Now we have the the cutting of EBT and Food Banks by $5 Billion,Unemployment continuing to sky rocket, and over 3.5 million homeless with the numbers growing daily. We have 18.5 million vacation homes and homes in Detroit being sold for a dollar, but we can’t find places to house people other then FEMA camps? I think we all know what happens from here if we continue to let it.

When the people of bigger cities wake up to find that all the homeless have disappeared over night, you actually know where they are. The question is, are you next?

The United States already has an emerging shortage of doctors, and thanks to Obamacare that shortage is about to become much, much worse. Right now, the U.S. has close to a million doctors, and about half of them are over the age of 50. Many of them are beginning to wonder if practicing medicine is worth it anymore. In some specialties, treating Medicaid and Medicare patients pays so little that many doctors are now turning them away.

Image: Wikimedia Commons.

Other doctors are charging their regular patients enormous amounts in order to make up for the money that they are losing on Medicaid and Medicare patients. And of course the paperwork and the red tape imposed on doctors by the health insurance companies and the federal government gets worse with each passing year. Some doctors actually spend more time filling out paperwork and dealing with red tape than they do seeing patients. On top of everything else, there is the constant and never-ending threat of being sued by predatory lawyers and losing everything. The giant malpractice insurance premiums that many doctors have to pay are an extreme financial burden on many practices. When you add it all together, it really is not surprising to learn that large numbers of doctors all over the nation are being driven into bankruptcy. Unfortunately, Obamacare is going to make all of the problems that I have just discussed even worse. This is going to result in much longer waits to see a doctor, and the level of health care in this country is going to go down substantially.

Most Americans don’t realize that we already have a shortage of doctors in this country. According to CBS News, right now there is “a shortage of 20,000 doctors nationwide”.

But that isn’t too bad. We could get by with that.

Unfortunately, at the moment close to half of all doctors in the United States are over the age of 50. And thanks to Obamacare and other changes in the health care industry, many of them are fed up and would like to retire.

And this comes at a time when our population is rapidly aging and our nation will need more doctors than ever.

According to CBS News, it is now being projected that we will need an additional 52,000 primary care physicians by the year 2025.

Please note that the statistic I just mentioned is just for primary care physicians. Overall, the American Association of Medical Colleges has projected that we will experience a shortage of more than 150,000 doctors over the next 15 years.

And all of the numbers above assume that we will not see mass doctor retirements due to Obamacare.

Unfortunately, a whole host of polls and surveys of doctors in recent years indicate that is exactly what we might end up seeing. One of these surveys was discussed in a recent Washington Times article…

A Physicians Foundation biennial survey of 13,000 doctors found that 60 percent would choose to retire today if they could. This is up from 45 percent when the survey was done in 2008, two years before the law was enacted.

At the moment, there are about 960,000 doctors in the United States.

So what would happen if 200,000 of them suddenly decided to leave the medical profession?

That is a frightening thing to think about.

And a lot of doctors are also indicating that they have absolutely no plans to take any Obamacare patients. For instance, a recent survey of New York doctors found that those that are currently signing up for Obamacare may have a very, very hard time finding doctor…

New York doctors are treating ObamaCare like the plague, a new survey reveals.

A poll conducted by the New York State Medical Society finds that 44 percent of MDs said they are not participating in the nation’s new health-care plan.

Another 33 percent say they’re still not sure whether to become ObamaCare providers.

Only 23 percent of the 409 physicians queried said they’re taking patients who signed up through health exchanges.

We are entering a time when the U.S. medical industry is experiencing a massive transition. Gone are the days of the friendly family doctor that would care for you and your children from the cradle to the grave. Those old school physicians are slowly but surely leaving the profession. One notable example of this was recently chronicled by the Chicago Tribune…

It’s not often that a doctor attracts national attention for charging too little. But that is exactly what happened to one small-town Illinois physician who is hanging up his stethoscope after almost 60 years of practicing medicine.

Against the contentious debate over health care reform, Dr. Russell Dohner achieved notoriety for charging just $5 per office visit — a fee that’s remained unchanged since the 1970s and is roughly the equivalent of a large latte today.

Once upon a time, doctors and patients enjoyed a very special relationship in this country.

But now that has all changed. Today, the federal government, state governments, health insurance companies, pharmaceutical companies, health administrators and a whole host of others have gotten between doctor and patient, and it is ruining the industry.

So what is the solution?

How will America deal with the coming doctor shortage?

Well, apparently Obama thinks that making Americans pay much more for health coverage will work. After all, if our out-of-pocket costs go up, won’t we be less likely to seek medical help?

One 60-year-old registered nurse that has been fighting cancer for six years was absolutely horrified when she learned that her current policy was being canceled and that she would be forced to purchase a much more expensive one…

I’m a 60-year-old registered nurse with an individual Blue Cross Blue Shield of Michigan (BC/BS) PPO policy. I have been battling cancer for 6 years. I recently received a letter from Blue Cross Blue Shield stating that my existing policy is being canceled as of Dec. 31 because it doesn’t cover certain benefits required under Obamacare. I was devastated. Next, I was bewildered as I was told repeatedly by President Obama that I COULD KEEP MY POLICY! What happened to that promise? In addition, I’ve been with the same plan for over 6 years. Why shouldn’t I be “grandfathered?”

It turns out that her out-of-pocket costs for health care are going to be going up somewhere between $4,500-$6,500 per year…

After a sleepless night, I learned that I could choose from a Gold, Silver, or Bronze plan (HMO or PPO) being offered by Blue Cross Blue Shield. As my doctor doesn’t accept HMO plans, my best choice would probably be the Bronze or Gold PPO. However, my premiums and out-of-pocket costs are INCREASING $4,500-$6,500 per year. What happened to saving $2,500 per year as purported by the current administration? Also, these rates include a 10-percent federal tax … so much for “no new taxes!”

And a lot of other Americans are discovering that the high deductibles under Obamacare are going to make going to the doctor an extremely expensive proposition. The following is from a recent American Thinker article…

In a recent conversation, a good buddy enraged by his new private insurance premiums and $5,800-per-year deductible said something that struck me as undoubtedly prophetic.

“I’d literally need to be dying before I would start paying this ridiculous deductible for routine care.”

Under ObamaCare, those who work for a living incur massive premium and deductible increases to subsidize those that cannot or will not provide their own insurance. In the universe of ObamaCare, unless you are among the privileged dependency class that enjoys free health care, gone are the days when cautionary calls can be made to the doctor because a child has a stomachache or bad cough, because such calls will cost you five hundred bucks or so.

So maybe we won’t have such a huge doctor shortage after all since most Americans won’t be able to afford to go see a doctor anyway.

And the number of Americans going out of the country for medical care will certainly increase as well. According to Deloitte Consulting, a whopping 875,000 Americans were “medical tourists” in 2010. As Obamacare is fully implemented, it is inevitable that we will see that number soar well over a million.

Is this how we will get back to equilibrium? By making health care so expensive that nobody can even afford it?

Please feel free to share what you think about all of this by posting a comment below…

Sunday, November 3, 2013

SIC SEMPER TYRANNIS!!!November 2, 2013Former Secret Service agent Dan Bongino - "It's to the point where these (Obama) scandals in and of themselves would be huge, backbreaking scandals are just lost in the 'scandal fog' of this administration," he said in disbelief. "It's worse than people know; I'm not trying to scare you either."

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By Mark Matheny

Most Corrupt States in U.S.

From bribery and kickbacks, to embezzlement and election crime, the American politician has been involved in them all. While some states with more politicians can be expected to have more corruption, as these graphics show it is not always the case.

History of the Vatican

The Federal Reserve

Council on Foreign Relations

Trilateral Commision

Secret Societies

"We must now face the harsh truth that the objectives of communism are being steadily advanced because many of us do not recognize the means used to advance them. ... The individual is handicapped by coming face to face with a Conspiracy so monstrous he cannot believe it exists. The American mind simply has not come to a realization of the evil which has been introduced into our midst."J. Edgar Hoover

Bilderberg Club

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Club of Rome

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Skull and Bones Society

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Illuminati

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